Chidambaram Critiques Modi Over US Tariffs Impacting India
P. Chidambaram has raised concerns regarding the recent US tariffs on Indian exports and penalties for Russian oil purchases, labeling them a significant setback for India's trade. He criticized Prime Minister Modi's diplomatic approach and questioned the effectiveness of the friendship between the two nations. Chidambaram's remarks come in light of President Trump's announcement of a 25% tariff set to take effect on August 1, raising doubts about the future of India-US trade relations. This article delves into Chidambaram's insights and the implications of these tariffs on India's economy.
| Aug 1, 2025, 14:36 IST
Chidambaram's Concerns on US Tariffs
Former Union Home Minister and prominent Congress leader P. Chidambaram has sharply criticized Prime Minister Narendra Modi, stating that the imposition of a 25% tariff on all Indian exports and penalties for purchasing Russian oil by the United States represents a significant setback for India's trade relations. Chidambaram described these tariffs as a major blow to India's economy and argued that they clearly violate the rules set by the World Trade Organization.
Critique of Modi's Diplomacy
In a post on X, Chidambaram reiterated his concerns, emphasizing that the tariffs imposed by the US are a blatant breach of international trade regulations. He also questioned Modi's statements made during his visit to Washington on February 14, which highlighted the friendship between India and the US, asking, "What happened to MIGA + MAGA = MEGA?"
Modi's Vision and Trump's Announcement
During his trip to the US, Prime Minister Modi coined the phrase "Make India Great Again" (MIGA) while comparing India's vision for development with the American slogan "Make America Great Again" (MAGA). He asserted that both nations have forged a mega partnership aimed at mutual prosperity. However, President Donald Trump announced on his Truth Social account that starting August 1, a 25% tariff would be imposed on India, along with additional penalties for oil purchases from Russia.
Uncertainty Surrounding Tariff Implementation
Chidambaram, in an interview, noted that Trump has set a deadline of August 1 for these tariffs. He expressed skepticism about the progress of negotiations, suggesting that they are not advancing as anticipated. He remarked on Trump's impulsive nature, indicating that the announcement might have come prematurely. Despite the declared 25% tariff, Chidambaram expressed uncertainty about whether Trump would adhere to this decision.